by Vora Corporate Finance | Dec 15, 2021 | Insights
India Economy gave number of positive signs as GDP grew at 8.4% in Q2 FY22, finally crossing the pre-pandemic levels and raising hopes that India will have a double digit GDP this year. However, inflation concerns remain. Markets were in red in November due to global...
by Vora Corporate Finance | Dec 15, 2021 | Financial Advisory, Insights, Private Equity & IPO
Transaction: Mensa Brands, the house of brands startup, founded by ex Myntra CEO and cofounder of Medlife Ananth Narayanan, has raised $135 million in a series B funding round led by Alpha Wave Ventures (Falcon Edge Capital). Its existing investors Accel Partners,...
by Vora Corporate Finance | Dec 15, 2021 | Financial Advisory, Insights, Merger & Acquisitions
Transaction: HealthCare Global Enterprises Limited (HCG), specialty healthcare service provider focused on oncology, announced the acquisition of an additional 60.9% in Suchirayu Healthcare Solutions, Hubli, thereby becoming a majority stake owner from its existing...
by Vora Corporate Finance | Dec 15, 2021 | Financial Advisory, Insights
Trends in Secondary Markets: BSE Sensex went down by 3.45% to close at 57,261 in November 2021 as against 0.31% up to close at 59,307 in October 2021. Nifty 50 closed at 16,983 by 3.90% lower from 17,672 in October closing. The markets were weighed down by the...
by Vora Corporate Finance | Dec 15, 2021 | Insights
GDP: Indian economy grow 8.4% in Q2FY22 (July-September quarter) year-on-year, crossing pre-pandemic levels. Country’s GDP increased 0.3% from that of FY20. This is a very good sign of development and means that India may have double digit growth rate in FY22. At the...